nnpcl
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Nigeria Dangote Group Denies NNPCL's $1 Billion Loan Claim for Refinery
Dangote Group has refuted NNPCL's claim of facilitating a $1 billion loan to address liquidity issues at the Dangote Refinery. The company clarified that the $1 billion represents only 5% of the total investment, and the partnership was credit-driven, not cash-based, with NNPCL failing to meet...- Nigeria News
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- 2 min read
- $1 billion loan dangote group dangote refinery nnpcl refinery liquidity
- Category: Business
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Nigeria Abuja Residents See Slight Relief as Petrol Price Drops by ₦20
NNPCL has reduced petrol prices at its Abuja outlets from ₦1,060 to ₦1,040 per litre, offering slight relief to motorists. This follows the Port Harcourt refinery's resumption and speculation of price drops due to deregulation. However, prices at other stations remain higher, sparking calls for...- Nigeria News
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- 2 min read
- abuja residents cost of petrol in abuja nnpcl
- Category: Business
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Nigeria NNPCL Announces Over 90% Completion of New Port Harcourt Refinery
NNPCL announces that the Port Harcourt refinery is over 90% complete. Following delays, the $1.5 billion rehabilitation project aims to increase production to 210,000 barrels per day. Despite initial criticism, NNPCL clarified that the refinery is currently producing 1.4 million liters of petrol...- Nigeria News
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- 1 min read
- nigerian oil refining nnpcl port harcourt refinery
- Category: Business
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Nigeria Successful CBT Candidates Invited for NNPCL Interviews in Abuja
NNPCL has shortlisted candidates for interviews in its 2024 recruitment after a successful Computer-Based Test (CBT). Shortlisted applicants have received email invitations for interviews at the NNPC Corporate Headquarters in Abuja. The process emphasizes transparency, inclusivity, and...- Nigeria News
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- 1 min read
- nnpcl nnpcl recruitment
- Category: Business
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Nigeria NNPCL’s 2024 Recruitment: 45,000+ Candidates Take Aptitude Test Nationwide
Over 45,000 applicants are competing for jobs at Nigerian National Petroleum Company Limited (NNPCL) in a Computer-Based Aptitude Test. The recruitment process, which began in July 2024, aims to hire candidates for various positions within the company. NNPCL emphasizes transparency and...- Nigeria News
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- 1 min read
- nnpcl nnpcl aptitude test nnpcl recruitment
- Category: Business
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Nigeria NNPCL Confirms No Bulk Sales Yet from Port Harcourt Refinery
The NNPCL clarified that the Port Harcourt Refinery is not yet selling products in bulk as it finalizes operational processes. Current supplies come from the Dangote Refinery and are sold through NNPCL retail outlets. The old refinery operates at 90% capacity, while the new facility remains...- Nigeria News
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- 2 min read
- dangote refinery products nnpcl nnpcl bulk sales port harcourt refinery
- Category: Business
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Nigeria PETROAN Raises Alarm Over Price Disparity Between Port Harcourt and Dangote Refineries
PETROAN has raised concerns about the ₦75 per litre price difference between petrol from the Port Harcourt Refinery and Dangote Refinery. While Dangote sells at ₦970, NNPCL's price is ₦1,045. This pricing disparity has sparked discussions, with NNPCL promising to address it to benefit consumers...- Nigeria News
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- 2 min read
- dangote refinery nnpcl petroan petrol price disparity port harcourt refinery
- Category: Business
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Nigeria Port Harcourt Refinery Resumes Production After Years of Delays
Nigeria’s Port Harcourt Refinery has resumed crude oil processing after several delays. Operating at 60% capacity, it now processes 60,000 barrels of crude daily. With a total capacity of 250,000 barrels per day, the refinery’s reopening signals progress in Nigeria’s efforts to enhance domestic...- Nigeria News
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- 1 min read
- nnpcl portharcourt refinery
- Category: Business
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Nigeria NNPC Fails to Meet Crude Supply Commitments for Dangote Refinery
Dangote Petroleum Refinery is struggling to secure enough crude oil supplies under Nigeria’s naira-based sale scheme. Despite agreements with NNPC to supply 385,000 barrels per day, deliveries have been inadequate. Other Nigerian refineries also face challenges accessing naira-priced crude...- Nigeria News
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- 1 min read
- dangote refinery nnpcl
- Category: Business
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Nigeria NNPCL Dismisses False Claims of CEO Mele Kyari’s Departure
NNPCL denies rumors that Group CEO Mele Kyari is stepping down, calling the speculation baseless. A spokesperson praised Kyari's leadership in driving the company's profitability and achieving a major production milestone. Despite a leadership restructuring, Kyari remains focused on advancing...- Nigeria News
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- 1 min read
- mele kyari nnpcl
- Category: Business
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Nigeria NNPCL Achieves 1.8 Million Barrels Per Day, Aims for 2M by December
NNPCL has achieved a major milestone, reaching 1.8 million barrels per day (mbpd) in crude oil production. The company is on track to meet President Bola Tinubu's target of 2 million barrels per day by December 2024. Additionally, NNPCL has increased gas production to 7.4 mmscf. The Nigerian...- Nigeria News
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- 2 min read
- crude oil production gas production nnpcl president bola tinubu
- Category: Business
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Nigeria NNPC and Dangote Refinery Partner on 10-Year Gas Supply Deal for Industrial Growth
NNPC Ltd. and Dangote Refinery have signed a landmark 10-year gas supply agreement, marking a major step for Nigeria's energy sector. The deal will supply 100 MMSCF/D of natural gas for the Dangote Refinery in Ibeju-Lekki, aligning with President Tinubu's industrial growth vision and enhancing...- Nigeria News
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- 2 min read
- dangote refinery nnpcl
- Category: Business
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Nigeria Mele Kyari Refutes Dangote’s Sabotage Claims, Confirms NNPCL’s Stake in Dangote Refinery
NNPCL confirms its ownership stake in Dangote Refinery, refuting sabotage claims by owner Aliko Dangote. Mele Kyari, CEO of NNPCL, explains that the partnership was a strategic decision to secure a market for Nigeria’s growing oil production and support the country's energy self-sufficiency...- Nigeria News
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- 1 min read
- dangote refinery mele kyari nigeria energy sector nnpcl oil production
- Category: Business
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Nigeria NNPC Clears the Air on Fuel Quality and Price Hike Protests
NNPC has denied importing adulterated petrol, responding to allegations amid protests over recent price hikes. The company, led by Mele Kyari, reaffirmed its commitment to quality standards and clarified that the GCEO is not responsible for fuel price increases, which have surged significantly...- Nigeria News
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- 2 min read
- adulterated petrol fuel price hike mele kyari nnpc nnpcl
- Category: Business
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Nigeria Protesters Storm NNPCL, Demand Immediate Action on Fuel Subsidies
Nigerian youths protested at the NNPCL towers in Abuja, demanding the resignation of Group CEO Mele Kyari due to rising fuel prices and economic hardship. Organized by civil society groups, protesters called for an end to fraudulent fuel subsidies and the importation of adulterated fuel. A...- Nigeria News
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- 1 min read
- fuel scarcity nnpcl
- Category: Metro
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Nigeria Rivers Government Debunks Shutdown Claims of NNPCL by Governor Fubara
The Rivers State Government has refuted claims that Governor Siminalayi Fubara ordered the shutdown of the NNPC and oil companies, labeling the reports as false propaganda. Officials emphasized their commitment to governance and urged the public to ignore misleading information circulating on...- Nigeria News
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- 1 min read
- nnpcl rivers state news
- Category: Politics
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Nigeria Aliko Dangote Calls for Marketers to Collect Fuel from His Refinery
Aliko Dangote, President of Dangote Group, urged NNPC and fuel marketers to stop imports, asserting his refinery can meet Nigeria's daily fuel needs. With 500 million liters in storage, Dangote claims his facility can eliminate fuel queues and stabilize prices by supplying 30 million liters...- Nigeria News
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- 1 min read
- dangote dangote refinery nnpcl
- Category: Business
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Nigeria World Bank Highlights Inconsistencies in NNPCL Revenue Reports Submitted to FAAC
The World Bank has criticized the Nigerian National Petroleum Company Limited (NNPCL) for its lack of transparency and inconsistent financial reporting, which hinders oil revenue oversight. The ARMOR Report urges Nigeria to implement fiscal reforms and diversify its revenue sources as it seeks a...- Nigeria News
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- 2 min read
- faac nnpcl oil revenue transparency revenue reporting world bank
- Category: Business
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Nigeria NNPCL CEO Mele Kyari in Mourning After Daughter Fatima's Passing
Mele Kyari, CEO of NNPCL, mourns the loss of his 25-year-old daughter, Fatima, who passed away on Friday. Vice-President Kashim Shettima offered condolences during her funeral at Annur Mosque in Abuja. The community has expressed deep sorrow and support for the grieving family amid this tragic...- Nigeria News
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- 1 min read
- fatima kyari mele kyari nnpcl vice-president shettima
- Category: Metro
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Nigeria NLC Calls for Immediate Reversal of Fuel Price Hike
The Nigeria Labour Congress (NLC) is urging the federal government to reverse the recent fuel price hike implemented by the Nigerian National Petroleum Company Limited (NNPCL). With petrol prices rising to N1,030 in Abuja and N998 in Lagos, citizens express frustration over the economic impact...- Nigeria News
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- 1 min read
- fuel price hike nigeria nlc nnpcl
- Category: Metro
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